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Wealth-tax - Highlights / Catch Notes

Home Highlights April 2013 Year 2013 This

Deduction under 2(m) of the Wealth Tax Act - the debt incurred ...


Debts for Mortgage Release on Property Deductible u/s 2(m) of Wealth Tax Act.

April 2, 2013

Case Laws     Wealth-tax     HC

Deduction under 2(m) of the Wealth Tax Act - the debt incurred directly for releasing the mortgage over the property can safely be treated as debt incurred in relation to the property. - HC

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